GENERAL ELECTRIC COMPANY, SPDR S&P 500, ISHARES MSCI EMERGING INDEX FUND, RENNOVA HEALTH, INC., BANK OF AMERICA CORP, APPLE INC
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
GBPUSD looking good for a short down to 1.5000 on the daily, however, I will be awaiting for more conformation from price action around this trendline and 1.5500 level to take any trades. I am expecting a false breakout to the upside first before the move down. Here we have a Head + Shoulders pattern being fulfilled with the neckline broken, retested and ...
2 possible outcomes here for me, either way GOLD is coming lower. There is a possible ABCD pattern forming, a clear break of the counter trendline (possible retest and continuation) will bring this pair down to 1035. Other possibility is is a bounce off weekly supp/res back to the trendline and then down to 1035.